As the crypto market gears for the next bull run, investors are strategizing now to make the most out of it. Bitcoin and Cardano are among the cryptocurrencies attracting investor interest. For better results, it is good to diversify your portfolio with various cryptocurrencies, including Bitcoin, Cardano, and Avorak. These coins are predicted to perform well in the bull run, which will peak after Bitcoin halving in 2024.
Bitcoin has been on an upward trajectory since the start of the year, showing signs of recovery from the 2022 crypto winter. BTC hit a high of $30,000 following the inception of players in traditional finance into the crypto market. Experts predict that BTC will continue rising and reach its all-time high of $69,000. Investors are buying BTC, ADA, and AVRK tokens at this stage, preparing for the next bull run in 2024.
Cardano's (ADA) price trend has been somewhat bearish, as the network's slow development puts off investors. Cardano is a Proof-of-Stake (PoS) blockchain platform that Ethereum co-founder Charles Hoskinson created to solve the problems of other smart contracting blockchains, including Ethereum. The platform gathered a lot of attention during its launch, but investors are now looking into newer and innovative projects such as Avorak AI.
Analysts predict that ADA price will get back on track, as the developers promised new developments on the platform, including a multi-layered network, technological upgrades and a community-governed treasury.
Avorak AI, a New and Innovative Crypto Project
Avorak AI is an AI-powered blockchain that aims to simplify activities on the blockchain, including trading and content creation. The project offers tools that assist players in profitable automated trading, language-to-image generation, and text generation.
Avorak Trade is the platform's most popular tool, as it can accurately predict the prices of cryptocurrencies, including Bitcoin and Cardano, through market analysis. The feature also monitors the market and alerts traders on changes in case of market trends and patterns. Using Avorak Trade helps eliminate emotion-driven trading, which often leads to losses, and instead automates the best trading strategies on behalf of traders.
To access Avorak Trade and other Avorak tools, users must purchase AVRK tokens. AVRK is the platform's native token used to facilitate transactions, access Avorak tools, and reward users.
Avorak is currently in phase 8 of its ICO, and users who purchase AVRK tokens in this stage are eligible for a 3% bonus. The project's credibility has been reinforced by passing two comprehensive and sophisticated blockchain audits by SolidProoof and CyberScope.
Avorak AI also has a staking feature that Avorak Labs has dedicated 5% of the maximum AVRK token supply. The staking platform is divided into three liquidity pools: Diamond, Platinum, and Gold. Each pool has exclusive perks for staking fans, with the Diamond option being the most desired and with the highest Annualized Percentage Return on investment of 14.86%.
As the next bull run approaches, investors are advised to diversify their portfolios to get the best results. Investing in one cryptocurrency is never a good idea. Traders with Bitcoin, Cardano, and Avorak in their portfolios will likely reap high investment profits during the upcoming bull run scheduled to take place in 2024 after the Bitcoin halving.
Avorak AI is an investment and offers tools to help create the best investment strategies and price predictions for other cryptocurrencies like Bitcoin and Cardano.
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.